Customer Disputes against Robert A Maiocco |
Council President Robert A Maiocco settled a case for $312,470.36!
THE ARBITRATION PANEL ENTERED AN
AWARD GRANTING CLAIMANTS' $289,000.00 PLUS INTEREST AT THE RATE
OF 5% PER ANNUM FROM JULY 27, 2010 TO PAYMENT OF AWARD IN FULL;
AND, RESPONDENT SHALL PAY CLAIMANTS' ATTORNEY FEES OF $81,882.52.
WHY SHOULD ROBERT MAIOCCO BE ANYWHERE NEAR TAXPAYER MONIES?
WHY SHOULD MAIOCCO BE PAID A RIDICULOUS $30,000.00 A YEAR AS A CITY COUNCILOR WHEN OTHER CITIES PAY THEIR COUNCILORS A THIRD OF THAT OR LESS!!!!
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Allegations:
WACHOVIA SECURITIES, LLC
73 YEAR OLD OREGON RESIDENT ALLEGES THAT FA ROBERT MAIOCCO MADE RECOMMENDATIONS THAT CAUSED LOSSES IN HIS ACCOUNT AND THAT HE DID NOT REDUCE THE COMMISSIONS ON A TRANSACTION IN ACCORDANCE WITH HIS EARLIER REPRESENTATION.
Product Type: Equity Listed (Common & Preferred Stock)
Alleged Damages: $9,903.00
Date Complaint Received: 05/21/2007
Settled
Disposition Date:
11/06/2007
Monetary Compensation
Amount:
$5,000.00
Medford City Council President only had to settle for FIVE THOUSAND DOLLARS, not the THREE HUNDRED AND TWELVE THOUSAND, FOUR HUNDRED AND SEVENTY DOLLARS AND FORTY SIX CENTS THAT MAIOCCO HAD TO PAY OUT IN ANOTHER CLAIM AGAINST THE FINANCIAL WIZARD WHO PISSES ON THE FIRST AMENDMENT TO THE U.S. CONSTITUTION AT THE CITY COUNCIL,
as Fraud Maiocco did on 4-9-13 in Medford!
Customer Disputes against Robert A Maiocco
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Why is he in a position to control the fate of 56,000 people in Medford as a Council President when Maiocco is not forthright with the citizens about his despicable, ugly background as a "financial adviser"??? (we'll get to his nephew Paul A. Camuso before the election, you can bet on that.)
Customer Disputes against Robert A Maiocco
KNOW YOUR CITY COUNCILORS AND THEIR BACKGROUND!
what is CRD?
Central Registration Depository
CRD
A central database with information on individual brokers, investment advisors,
and so forth. The CRD provides information on their backgrounds,
education, licensing, and perhaps, most importantly, whether or not
clients have complained about them or if they have ever been disciplined
by an exchange, the SEC, or a professional organization.
_____________________________________ROBERT A. MAIOCCO'S HISTORY IS
CHILLING...
Customer Disputes against Robert A Maiocco
MAIOCCO SHOULD HAVE NO STANDING IN THE MEDFORD COMMUNITY WHEN CITIZENS SEE THE REPORTS ON THE INDIVIDUAL WHO BULLIED HIS WAY TO YET ANOTHER TERM AS COUNCIL PRESIDENT:
Docket/Case #: 10-03416
Allegations:
WELLS FARGO ADVISORS, LLC
ALLEGES FA INVESTED IN ACCOUNT WITH HIGH RISK PROFILE, PLACED
TRADES THAT WERE INAPPROPRIATE FOR CLIENT'S OBJECTIVES, AND
GAVE FALSE ASSURANCES REGARDING ASSETS. DATES NOT SPECIFIED. **ARBITRATION ALLEGATIONS: CLAIMANTS OPENED THEIR ACCOUNTS IN
1997 AT WHICH TIME THEY ALLEGED UNSUITABLE INVESTMENT RECOMMENDATIONS WERE MADE. CLAIMANTS REQUEST
COMPENSATORY DAMAGES OF $1.8 MILLION.
MEDFORD CITY COUNCILOR ROBERT ALEXANDER MAIOCCO SETTLED!
Date Notice/Process Served:
08/10/2010
Award to Customer
Disposition Date:
02/14/2012
Monetary Compensation
Amount:
$312,470.36
Customer Disputes against Robert A Maiocco
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Customer Disputes against Robert A Maiocco
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ANOTHER COMPLAINT AGAINST
ROBERT ALEXANDER MAIOCCO BY AN UNHAPPY CLIENT! DISGUSTING.
A CITY COUNCILOR SHOULD BE HELD TO A HIGHER STANDARD!
Customer Dispute
CUSTOMER ALLEGED THAT FA NOT ONLY MISMANAGED HER INHERITED
IRA, BUT THAT HER OWN ACCOUNT WAS TRADED EXTENSIVELY TO HIS
BENEFIT, RESULTING IN A $71,000.00 LOSS.
Alleged Damages:
$71,000.00
www.finra.org/brokercheck
User Guidance
Customer Dispute - Closed-No Action/Withdrawn/Dismissed/Denied
This type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practice violations against the individual broker that was dismissed, withdrawn, or denied; or (2) a consumer-initiated, investment-related written complaint containing allegations that the broker engaged in sales practice violations resulting in compensatory damages of at least $5,000; forgery, theft, or misappropriation; or conversion of funds or securities that was closed without action, withdrawn, or denied.
Description
Robert Maiocco a financial professional at Wells Fargo Advisors, LLC, a broker-dealer with over 25,300 registered representatives nationwide. Robert has held an industry securities registration for 40 years and
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Customer Disputes against Robert A Maiocco
Customer Disputes against Robert A Maiocco
Customer Disputes against Robert A Maiocco
